Atlassian Corporation announced that it has entered into a definitive agreement to acquire DX, described as a leader in engineering intelligence. The company disclosed the deal through a current report that includes a press release with additional details.
Atlassian highlights that the transaction is expected to enhance its position in team collaboration and developer productivity and satisfaction software, including areas involving AI and security investments. The company also notes that the acquisition could affect its financial statements, including its share repurchase strategy, and emphasizes typical risks around integrating DX’s business and technology and the ability to complete the transaction as expected.
Michael Cannon-Brookes, CEO, Co-Founder and director of Atlassian Corporation (TEAM), reported multiple sales of Class A common stock on 09/16/2025 under a Rule 10b5-1 trading plan adopted February 20, 2025. The Form 4 lists five dispositions totaling 7,665 shares sold in separate executions at weighted-average prices ranging from about $171.95 to $175.52. Shares are held indirectly through CBC Co Pty Limited as trustee for the Cannon-Brookes Head Trust. The filing was signed on 09/17/2025 by an attorney-in-fact.
Atlassian insider sales by Farquhar Scott: On 09/16/2025 Scott Farquhar, a director and reported 10% owner, sold a total of 7,665 shares of Class A common stock under a Rule 10b5-1 trading plan adopted February 12, 2025. The sales occurred in multiple trades at weighted-average prices reported between approximately $171.95 and $175.52 across separate executions, with individual weighted-average prices shown as $173.9031, $172.8074, $175.5249, $171.9542 and $174.7386. Following these transactions the Form 4 reports 76,650 Class A shares beneficially owned indirectly through Farquhar Investment Partnership No. 2. The Form 4 was signed by an attorney-in-fact on 09/17/2025.
Atlassian Corporation reported a planned board transition. Heather M. Fernandez decided to retire as a director, effective September 30, 2025, and the company stated her decision was not due to any disagreement over operations, policies, or practices.
The Board approved the appointment of Jason Warner as a director effective October 1, 2025, and he will serve on the Compensation and Leadership Development Committee. Warner is co-founder and co-CEO of frontier AI lab Poolside, and formerly served as CTO of GitHub and as a managing director at Redpoint Ventures.
As a non-employee director, Warner will receive a $55,000 annual Board retainer and an annual restricted stock unit grant valued at $290,000, both pro-rated until the next annual stockholder meeting. These RSUs vest in full on the earlier of one year from grant or the next annual meeting, with 100% acceleration upon a sale of the company. Atlassian noted there are no related party transactions with Warner requiring disclosure, and that any ordinary course contracts with Poolside are handled under its related party policies.
Atlassian insider sale by Farquhar Scott — This Form 4 shows Director and 10% owner Farquhar Scott sold a total of 7,665 shares of Atlassian Class A common stock on 09/15/2025 across three transactions: 3,537 shares at a weighted-average price of $175.04, 3,758 shares at $174.0082, and 370 shares at $175.9427. After these sales the reporting person beneficially owned 88,443, 84,685, and 84,315 shares respectively as listed per line items, with holdings identified as held by Farquhar Investment Partnership No. 2. The filings note the sales were made pursuant to a Rule 10b5-1 trading plan adopted February 12, 2025, and indicate multiple trades executed within reported price ranges. The form is signed by Drew Parkes, Attorney-in-Fact.
Atlassian director and co-founder Michael Cannon-Brookes sold 7,665 shares of Class A common stock on 09/15/2025 under a pre-established Rule 10b5-1 plan adopted February 20, 2025. The sales executed in multiple trades at weighted-average prices of $175.0399, $174.0083 and $175.9427, and reduced his reported indirect beneficial ownership from 88,444 shares to 84,315 shares held by CBC Co Pty Limited as trustee for the Cannon-Brookes Head Trust. The Form 4 was signed by an attorney-in-fact on 09/16/2025 and lists Cannon-Brookes as CEO, co-founder, director and a 10% owner.
Insider Form 4 — Atlassian (TEAM) On 09/12/2025 director and >10% owner Scott Farquhar reported sales of Class A common stock under a pre-established Rule 10b5-1 trading plan adopted February 12, 2025. The filing shows three blocks sold that day totaling 7,665 shares at weighted-average prices of $176.499, $174.6062, and $175.4916. Shares are held indirectly through Farquhar Investment Partnership No. 2. Following the reported transactions, beneficial ownership totals reported after each sale were 98,909, 95,290, and 91,980 shares respectively. The form is signed by an attorney-in-fact on behalf of the reporting person.
Michael Cannon-Brookes, CEO and co-founder of Atlassian Corporation (TEAM), reported insider sales on 09/12/2025 under a Rule 10b5-1 plan adopted February 20, 2025. The Form 4 shows three sell transactions of Class A common stock: 735 shares at a weighted-average $176.4988, 3,310 shares at $175.4916, and 3,620 shares at $174.6063, executed in multiple trades that day. Shares are held indirectly through CBC Co Pty Limited as trustee for the Cannon-Brookes Head Trust. Beneficial ownership after the last reported sale was 91,980 shares. The filing is signed by an attorney-in-fact on 09/16/2025.
Atlassian director and co-founder Michael Cannon-Brookes reported multiple open-market sales of Class A common stock on 09/10/2025 executed under a Rule 10b5-1 trading plan adopted on 02/20/2025. The Form 4 shows a series of disposals totaling 7,665 shares executed in multiple trades at weighted-average prices ranging from about $173.86 to $181.8563 across the reported transactions. After these sales, the reporting person beneficially owned 107,310 Class A shares indirectly through CBC Co Pty Limited as trustee for the Cannon-Brookes Head Trust.
Atlassian director and reported 10% owner Farquhar Scott sold 7,665 shares of Class A common stock on 09/10/2025 under a pre-established Rule 10b5-1 trading plan adopted February 12, 2025. The sales occurred in multiple tranches with weighted-average prices reported for each tranche ranging roughly from $173.86 to $181.86 per share. After these transactions, the reporting person beneficially owned 107,310 shares indirectly through Farquhar Investment Partnership No. 2. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person.